Business
Senate Tackles NIMASA’s N45bn Budget Proposal
The Nigerian Maritime Administration and Safety Agency (NIMASA), on Friday presented a 2011 budget proposal to the Senate, showing a revenue projection of N45.233 billion as against a total expenditure package of N45.232 billion, indicating a surplus of N956,985.
The budget, which allocated 23 per cent or N10.26 billion to capital expenditure, however, also allocated over N70.9 million as yearly salary and emolument to the director general alone.
A breakdown of the budget proposal showed that personnel cost would gulp 19 per cent or N8.6 billion; recurrent expenditure N10.7 billion or 24 per cent; capital expenditure N10.3 billion or 23 per cent; maritime funds N10.8 billion or 25 per cent; while the lacklustre performing Maritime Academy of Nigeria was allocated N2.2 billion or five per cent of the budget proposal.
The agency also told the law makers that it intended to spend not less than N41.3 million for the establishment of new canteens; and a whooping N438.6 million on fuelling and lubrication of its 29 generating sets.
The Senate Committee on Marine Transport rattled the Agency when it demanded an explain as why the sum of N282.65 million should again this year be for office maintenance, when that of last year could not be satisfactorily accounted for yet.
Senator Ahmed Maccido, who noticed the amount in the 2011 budget, was worried about the amount allocated to the Director General of the Agency, Mr. Patrick Akpobolokemi, who was represented by the Executive Director, Administration and Finance, Mr. Adeniran Aderogba. He was requested to shed more light on the amount, which he was unable to do.
The director general also in the budget earmarked a total of N70.9 million for himself and the sum of N151.902 million to the three executive directors of the agency. Each executive director is to take home the sum of N50.63 million out of the Agency’s 2011 salaries and allowances estimated at N8.5 billion.
Ibelema Jumbo
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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